An insurance premium finance agreement may provide for the payment by the insured of a delinquency charge of $1 to a maximum of 5% of the delinquent installment on any installment which is in default for a period of five days or more.
40 P.S. § 3309
An insurance premium finance agreement may provide for the payment by the insured of a delinquency charge of $1 to a maximum of 5% of the delinquent installment on any installment which is in default for a period of five days or more.
40 P.S. § 3309